Global Cloud-Based PLM Market Research Report: by Component (Software and Services), by Technology (Radio-Frequency Identification, Near Field Communication, and Others), by Organization size, by Application, and by End User - Forecast till 2023
Overview
The global Cloud Based PLM market is growing with the rapid pace is mainly due increasing need for integrated PLM solutions, which is propelling the Cloud Based PLM market growth to the large extent. According to a recent study report published by the Market Research Future, The global market of Cloud Based PLM is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
The global Cloud Based PLM market is driven due to high adoption of Internet-of –Thing (IoT) devices, which are boosting the growth Cloud Based Product Lifecycle Management market. As it helps the organization to get to market first, stake a larger market share, and maximize profit margins. Increasing cloud adoption increasing the demand for PLM is propelling the market growth to the large extent. Cloud helps the organization to plan with the flexibility to be agile and make changes quickly based on supply chain issues.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1555
Industry News
Oct 2, 2017- Oracle has announced their research and development on advancements to the Oracle Application Development Platform. With this platform, the company is offering an open, standards-based approach to build, deploy and manage modern applications.
March 2016 - Oracle, launches new SaaS, PaaS, and IaaS Cloud Services to help the organizations leverage the latest in business transformation trends, including big data, social and mobile. With this service, the company is planning to provide all of the cloud-based services including such as big data analytics, social, mobile, and IoT.
February, 2016- Siemens and IBM join hands on next generation of cloud-based building energy management solutions. With this solution, emerging technologies in cloud computing, data analytics, and intelligent field devices are widely using cloud-based building energy management solution.
Competitive Analysis
The Market of Cloud Based PLM appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on latest technology and, most of all, in acquiring other firms.
Cloud Based PLM Global Market - Segmentation
The Cloud Based PLM Market can be segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Component: Comprises Radio-frequency identification, Near field communication, Cloud services, and others.
Segmentation by Application: Comprises Public, Private, Community, and Hybrid Among Others.
Segmentation by Technology: Comprises Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) Among Others.
Segmentation by End User: Comprises Aerospace and Defense, Healthcare, Telecommunication, Automotive, Electronics Among Others.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
Regional Analysis
North America is dominating the global Cloud Based PLM market with the largest market share due to the increasing number of sophisticated threats, which is gaining demand in Cloud Based PLM market in these region, and is expected to gain growth by 2022. Global Cloud Based PLM market in Asia Pacific market is expected to grow at a substantial CAGR during 2016 to 2022 due to the growing government compliance on data security in which Cloud Based PLM are widely used. The European market for Cloud Based PLM market is expected to grow at a considerable CAGR (2016-2022).
Get Report Details @ https://www.marketresearchfuture.com/reports/cloud-based-plm-market-1555
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact
Market Research Future
Phone: +1646 845 9312
Email: [email protected]
Global Cloud-Based PLM Market Research Report: by Component (Software and Services), by Technology (Radio-Frequency Identification, Near Field Communication, and Others), by Organization size, by Application, and by End User - Forecast till 2027OverviewThe global market report studying various aspects of the cloud-based PLM market declares that the market may register a CAGR worth 15% during the forecast period of 2020 to 2027.
This growth would be further supported by a cloud-based product lifecycle management market.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1555Industry NewsIn August 2020, New Generation Computing, Inc. (NGC), known for being a leading provider of digital supply chain solutions, announced that Weissman, a company with a great reputation in designing dancewear and costumes, included NGC’s PLM, supply chain management (SCM), vendor compliance, and quality control solutions.
The decision from Weissman to partner with NGC is an initiative to set a proper platform for future growth and success.In July 2020, Centric Software announced that they would be opening a branch in Vietnam, where they will introduce Product Lifecycle Management (PLM) solutions to the local community.
The company, Centric Software, made a name for itself by providing innovative enterprise solutions to end user industries like retail, footwear, outdoor, fashion, consumer goods, luxury, and home décor companies to make sure they achieve their digital transformation goals.
The software has emerged as a must-have backbone technology that drives all the product-related activities covering from concept to retail for retailers, original design manufacturers (ODMs), brands, and original equipment manufacturers (OEMs).
Competitive AnalysisThe Market of Cloud Based PLM appears to be highly competitive.
Global Pharma PLM Market – OverviewProduct Lifecycle Management (PLM) is used for maximizing the revenue generation capabilities of pharma companies.
The strategies are also used for developing new combination of drugs, reformulations, expanded indication ranges, and it also includes the use of alliances, mergers and acquisitions and licensing.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=79895Global Pharma PLM Market – Competitive LandscapeThe competitive landscape of the global pharma PLM is a fragmented one.
Some of the key players in the global pharma PLM market are Siemens AG, SAP SE, PTC Inc., Hewlett-Packard Company, Dassault Systems, Autodesk Inc., Atos SE, Aras Corporation, and Accenture Plc., among others.
The companies in the market are looking to provide innovative and technologically sound solutions to cater to the different requirements of the end users.Request COVID Analysis on Pharma PLM Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=79895 Global Pharma PLM Market – Drivers and RestraintsThere are numerous factors that are contributing to the overall development of the global pharma PLM market.
One of the key growth factors for the market has been the increasing need for productivity in the pharma PLM sector.
Increasing reduction in budget, improving competition across the globe, and rising commercial slowdown are all helping to fuel the overall development of the global pharma PLM market in the coming years of the forecast period ranging from 2020 to 2030.However, there are some factors that might impede the growth of the global pharma PLM market in the coming years of the forecast period.
PLM SmartPort consists of advanced single click add-on to unlock the shortest response time and enable proactive support.24X7 dashboard monitoring for monitoring health of your PLM system.AI enabled SmartBot which helps users personally with everything from questions to personalized trainings.To know more visit here.
